Research reports reveal that Caitong Securities has given a "shareholding" rating to Sungrow Power Supply, and its leading position in power inverters remains stable.

Gelonghui Finance · Aug 20 03:56

According to the research report of Caitong Securities, Sungrow Power Supply (300274.SZ) had accurate forethought in layout of energy storage in 2014. According to Starting Point Research Institute, in 2023, the company's shareholding of PCS (power conditioning system) for energy storage ranks second in the world. According to Wood Mackenzie, the company's global energy storage system shipments will rank second by 2023. From household to ground station, from micro inverters to centralized inverters, the company's product line layout is comprehensive, and sold in batches to more than 170 countries and regions worldwide. By 2023, the company's overseas production capacity will reach 25GW, and there are more than 20 overseas subsidiary companies and 490+ service outlets providing services. The company signed multiple domestic and foreign projects successively from March to May 2024, showing strong momentum in the first half of 2024. The leading position of the power inverter is stable, and the market share of large energy storage systems in high barriers overseas ranks in the first echelon. We give a "shareholding" rating for the first time.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

研报掘金丨财通证券：首予阳光电源“增持”评级 逆变器龙头地位稳固

Research reports reveal that Caitong Securities has given a "shareholding" rating to Sungrow Power Supply, and its leading position in power inverters remains stable.

Risk Disclaimer

Statement

研报掘金丨财通证券：首予阳光电源“增持”评级逆变器龙头地位稳固